Application rejection for non conforming custodian filings requires notice and a specified opportunity to cure before refusal. Registration applications for custodians that are incomplete or non conforming shall be rejected, but the Board must first give the applicant notice of ... Summary
Securities and Exchange Board of India (Custodian) Regulations, 1996
Application rejection for non conforming custodian filings requires notice and a specified opportunity to cure before refusal.
Registration applications for custodians that are incomplete or non conforming shall be rejected, but the Board must first give the applicant notice of deficiencies and an opportunity, within a specified time, to remove the objections before rejecting the application.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.